Borrowing Money From Family Quotes

The Western States nervous under the beginning change. Texas and Oklahoma, Kansas and Arkansas, New Mexico, Arizona, California. A single family moved from the land. Pa borrowed money from the bank, and now the bank wants the land. The land company--that's the bank when it has land --wants tractors, not families on the land. Is a tractor bad? Is the power that turns the long furrows wrong? If this tractor were ours it would be good--not mine, but ours. If our tractor turned the long furrows of our land, it would be good. Not my land, but ours. We could love that tractor then as we have loved this land when it was ours. But the tractor does two things--it turns the land and turns us off the land. There is little difference between this tractor and a tank. The people are driven, intimidated, hurt by both. We must think about this. One man, one family driven from the land; this rusty car creaking along the highway to the west. I lost my land, a single tractor took my land. I am alone and bewildered. And in the night one family camps in a ditch and another family pulls in and the tents come out. The two men squat on their hams and the women and children listen. Here is the node, you who hate change and fear revolution. Keep these two squatting men apart; make them hate, fear, suspect each other. Here is the anlarge of the thing you fear. This is the zygote. For here "I lost my land" is changed; a cell is split and from its splitting grows the thing you hate--"We lost our land." The danger is here, for two men are not as lonely and perplexed as one. And from this first "we" there grows a still more dangerous thing: "I have a little food" plus "I have none." If from this problem the sum is "We have a little food," the thing is on its way, the movement has direction. Only a little multiplication now, and this land, this tractor are ours. The two men squatting in a ditch, the little fire, the side- meat stewing in a single pot, the silent, stone-eyed women; behind, the children listening with their souls to words their minds do not understand. The night draws down. The baby has a cold. Here, take this blanket. It's wool. It was my mother's blanket--take it for the baby. This is the thing to bomb. This is the beginning--from "I" to "we." If you who own the things people must have could understand this, you might preserve yourself. If you could separate causes from results, if you could know Paine, Marx, Jefferson, Lenin, were results, not causes, you might survive. But that you cannot know. For the quality of owning freezes you forever into "I," and cuts you off forever from the "we." The Western States are nervous under the begining change. Need is the stimulus to concept, concept to action. A half-million people moving over the country; a million more restive, ready to move; ten million more feeling the first nervousness. And tractors turning the multiple furrows in the vacant land.

Instructions for Dad. I don't want to go into a fridge at an undertaker's. I want you to keep me at home until the funeral. Please can someone sit with me in case I got lonely? I promise not to scare you. I want to be buried in my butterfly dress, my lilac bra and knicker set and my black zip boots (all still in the suitcase that I packed for Sicily). I also want to wear the bracelet Adam gave me. Don't put make-up on me. It looks stupid on dead people. I do NOT want to be cremated. Cremations pollute the atmosphere with dioxins,k hydrochloric acid, hydrofluoric acid, sulphur dioxide and carbon dioxide. They also have those spooky curtains in crematoriums. I want a biodegradable willow coffin and a woodland burial. The people at the Natural Death Centre helped me pick a site not for from where we live, and they'll help you with all the arrangements. I want a native tree planted on or near my grave. I'd like an oak, but I don't mind a sweet chestnut or even a willow. I want a wooden plaque with my name on. I want wild plants and flowers growing on my grave. I want the service to be simple. Tell Zoey to bring Lauren (if she's born by then). Invite Philippa and her husband Andy (if he wants to come), also James from the hospital (though he might be busy). I don't want anyone who doesn't know my saying anything about me. THe Natural Death Centre people will stay with you, but should also stay out of it. I want the people I love to get up and speak about me, and even if you cry it'll be OK. I want you to say honest things. Say I was a monster if you like, say how I made you all run around after me. If you can think of anything good, say that too! Write it down first, because apparently people often forget what they mean to say at funerals. Don't under any circumstances read that poem by Auden. It's been done to death (ha, ha) and it's too sad. Get someone to read Sonnet 12 by Shakespeare. Music- "Blackbird" by the Beatles. "Plainsong" by The Cure. "Live Like You Were Dying" by Tim McGraw. "All the Trees of the Field Will Clap Their Hands" by Sufian Stevens. There may not be time for all of them, but make sure you play the last one. Zoey helped me choose them and she's got them all on her iPod (it's got speakers if you need to borrow it). Afterwards, go to a pub for lunch. I've got £260 in my savings account and I really want you to use it for that. Really, I mean it-lunch is on me. Make sure you have pudding-sticky toffee, chocolate fudge cake, ice-cream sundae, something really bad for you. Get drunk too if you like (but don't scare Cal). Spend all the money. And after that, when days have gone by, keep an eye out for me. I might write on the steam in the mirror when you're having a bath, or play with the leaves on the apple tree when you're out in the garden. I might slip into a dream. Visit my grave when you can, but don't kick yourself if you can't, or if you move house and it's suddenly too far away. It looks pretty there in the summer (check out the website). You could bring a picnic and sit with me. I'd like that. OK. That's it. I love you. Tessa xxx

Dear Black Women… Save, Invest, and Spend Less. Save because you just never know what will come up. This will save you from having to borrow from friends, family, or going to get a payday loan. Invest so that you’ll have something of value to show for. Investing also helps in building WEALTH. Spend less so that you’re not broke, living paycheck to paycheck, and/or in a lot of debt. Don’t allow money to control you. Take charge! Keep, and/or get your finances in order. Value your money and be mindful of how and what you’re spending.

We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but the grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.

Interestingly, a point that never emerged in the press but that Tim Donovan revealed to the police was that Annie had specifically "asked him to trust her" for that night's doss money. This "he declined to do." Had this incident become common knowledge, it's likely that Donovan would have faced an even worse public backlash for his role in Annie's demise. "You can find money for your beer, and you can't find money for your bed." the deputy keeper is said to have spoken in response to her request. Annie, not quite willing to admit defeat, or perhaps in a show of pride, responded with a sigh: "Keep my bed for me. I shan't be long." Ill and drunk, she went downstairs and "stood in the door for two or three minutes," considering her options. Like the impecunious lodger described by Goldsmith, she too would have been contemplating from whom among her "pals" it might have been "possible to borrow the halfpence necessary to complete {her} doss money." More likely, Annie was mentally preparing "to spend the night with only the sky for a canopy." She then set off down Brushfield Street, toward Christ Church, Spitalfields, where the homeless regularly bedded down. Her thoughts as she stepped out onto Dorest Street, as the light from Crossingham's dimmed at her back, can never be known. What route she wove through the black streets and to whom she spoke along the will never be confirmed. All that is certain is her final destination. Of the many tragedies that befell Annie Chapman in the final years of her life, perhaps one of the most poignant was that she needn't have been on the streets on that night, or on any other. Ill and feverish, she needn't have searched the squalid corners for a spot to sleep. Instead, she might have lain in a bed in her mother's house or in her sisters' care, on the other side of London. She might have been treated for tuberculosis; she might have been comforted by the embraces of her children or the loving assurances of her family. Annie needn't have suffered. At every turn there had been a hand reaching to pull her from the abyss, but the counter-tug of addiction was more forceful, and the grip of shame was just as strong. It was this that pulled her under, that had extinguished her hope and then her life many years earlier. What her murderer claimed on that night was simply all that remained of what drink had left behind.

Having renounced his native land, Sanger adopted no other. He roved about from one European capital to another, never settling anywhere for long, driven forwards by his strange, restless fancy. Usually he quartered himself upon his friends, who were accustomed to endure a great deal from him. He would stay with them for weeks, composing third acts in their spare bedrooms, producing operas which always failed financially, falling in love with their wives, conducting their symphonies, and borrowing money from hem. His preposterous family generally accompanied him. Few people could recollect quite how many children Sanger was supposed to have got, but there always seemed to be a good many and they were most shockingly brought up.

The failure of the Crusades intensified anti-Jewish persecutions in Europe. Banned from owning land or joining trading companies, forced to wear special clothing, Jews were often involved in moneylending, supposedly taboo for Christians. Kings borrowed money from them, and so protected them, but whenever society was strained, by recession or plague, they were attacked. In 1144, after a boy was murdered in Norwich, England, Jews were accused of killing Christian children to make Passover matzoh, unleashing the ‘blood libel’ which in various forms – but always featuring a conspiracy of Jews to harm non-Jews – reverberates down to the twenty-first century. It spread: in 1171, it hit Blois, France, where thirty-three Jews (seventeen women) were burned alive. In the failed state of England, where Henry III struggled to maintain royal power in the face of endemic noble revolt, both king and rebels borrowed from a wealthy banker, David of Oxford. After David’s death, his widow Licoricia of Winchester, the richest non-noble in England, lent to both sides, partly funding the building of Westminster Abbey. But her murder in 1277 showed the perils of being a prominent Jew. In 1290, Henry’s son Edward I expelled the Jews from England. Yet in 1264 Bolesław, duke of Poland, had granted the Statute of Kalisz which gave Jews the right to trade and worship freely and banned the blood libel, legislating against Christian conspiracy theories and denunciations: ‘Accusing Jews of drinking Christian blood is expressly prohibited,’ declared the Statute. ‘If, despite this, a Jew should be accused of murdering a Christian child, such charge must be sustained by testimony of three Christians and three Jews.’ Poland would be a Jewish sanctuary for many centuries.

Any relationship will have its difficulties, but sometimes those problems are indicators of deep-rooted problems that, if not addressed quickly, will poison your marriage. If any of the following red flags—caution signs—exist in your relationship, we recommend that you talk about the situation as soon as possible with a pastor, counselor or mentor. Part of this list was adapted by permission from Bob Phillips, author of How Can I Be Sure: A Pre-Marriage Inventory.1 You have a general uneasy feeling that something is wrong in your relationship. You find yourself arguing often with your fiancé(e). Your fiancé(e) seems irrationally angry and jealous whenever you interact with someone of the opposite sex. You avoid discussing certain subjects because you’re afraid of your fiancé(e)’s reaction. Your fiancé(e) finds it extremely difficult to express emotions, or is prone to extreme emotions (such as out-of-control anger or exaggerated fear). Or he/she swings back and forth between emotional extremes (such as being very happy one minute, then suddenly exhibiting extreme sadness the next). Your fiancé(e) displays controlling behavior. This means more than a desire to be in charge—it means your fiancé(e) seems to want to control every aspect of your life: your appearance, your lifestyle, your interactions with friends or family, and so on. Your fiancé(e) seems to manipulate you into doing what he or she wants. You are continuing the relationship because of fear—of hurting your fiancé(e), or of what he or she might do if you ended the relationship. Your fiancé(e) does not treat you with respect. He or she constantly criticizes you or talks sarcastically to you, even in public. Your fiancé(e) is unable to hold down a job, doesn’t take personal responsibility for losing a job, or frequently borrows money from you or from friends. Your fiancé(e) often talks about aches and pains, and you suspect some of these are imagined. He or she goes from doctor to doctor until finding someone who will agree that there is some type of illness. Your fiancé(e) is unable to resolve conflict. He or she cannot deal with constructive criticism, or never admits a mistake, or never asks for forgiveness. Your fiancé(e) is overly dependant on parents for finances, decision-making or emotional security. Your fiancé(e) is consistently dishonest and tries to keep you from learning about certain aspects of his or her life. Your fiancé(e) does not appear to recognize right from wrong, and rationalizes questionable behavior. Your fiancé(e) consistently avoids responsibility. Your fiancé(e) exhibits patterns of physical, emotional or sexual abuse toward you or others. Your fiancé(e) displays signs of drug or alcohol abuse: unexplained absences of missed dates, frequent car accidents, the smell of alcohol or strong odor of mouthwash, erratic behavior or emotional swings, physical signs such as red eyes, unkempt look, unexplained nervousness, and so on. Your fiancé(e) has displayed a sudden, dramatic change in lifestyle after you began dating. (He or she may be changing just to win you and will revert back to old habits after marriage.) Your fiancé(e) has trouble controlling anger. He or she uses anger as a weapon or as a means of winning arguments. You have a difficult time trusting your fiancé(e)—to fulfill responsibilities, to be truthful, to help in times of need, to make ethical decisions, and so on. Your fiancé(e) has a history of multiple serious relationships that have failed—a pattern of knowing how to begin a relationship but not knowing how to keep one growing. Look over this list. Do any of these red flags apply to your relationship? If so, we recommend you talk about the situation as soon as possible with a pastor, counselor or mentor.

And spend they did. Money circulated faster and spread wider through its communities of use than at any other time in economic history.8 Workers labored fewer days and at higher wages than before or since; people ate four meals a day; women were taller in Europe than at any time until the 1970s; and the highest percentage on record of business profits went to preventative maintenance on equipment. It was a period of tremendous growth and wealth. Meanwhile, with no way of storing or growing value with this form of money over the long term, people made massive investments in architecture, particularly cathedrals, which they knew would attract pilgrims and tourists for years to come. This was their way of investing in the future, and the pre-Renaissance era of affluence became known as the Age of Cathedrals. The beauty of a flow-based economy is that it favors those who actively create value. The problem is that it disfavors those who are used to reaping passive rewards. Aristocratic landowning families had stayed rich for centuries simply by being rich in the first place. Peasants all worked the land in return for enough of their own harvest on which to subsist. Feudal lords did not participate in the peer-to-peer economy facilitated by local currencies, and by 1100 or so, most or the aristocracy’s wealth and power was receding. They were threatened by the rise of the merchant middle class and the growing bourgeois population, and had little way of participating in all the sideways trade. The wealthy needed a way to make money simply by having money. So, one by one, each of the early monarchies of Europe outlawed the kingdom’s local currencies and replaced them with a single central currency. Instead of growing their money in the fields, people would have to borrow money from the king’s treasury—at interest. If they wanted a medium through which to transact at the local marketplace, it meant becoming indebted to the aristocracy.

What’ll it be?” Steve asked me, just days after our wedding. “Do we go on the honeymoon we’ve got planned, or do you want to go catch crocs?” My head was still spinning from the ceremony, the celebration, and the fact that I could now use the two words “my husband” and have them mean something real. The four months between February 2, 1992--the day Steve asked me to marry him--and our wedding day on June 4 had been a blur. Steve’s mother threw us an engagement party for Queensland friends and family, and I encountered a very common theme: “We never thought Steve would get married.” Everyone said it--relatives, old friends, and schoolmates. I’d smile and nod, but my inner response was, Well, we’ve got that in common. And something else: Wait until I get home and tell everybody I am moving to Australia. I knew what I’d have to explain. Being with Steve, running the zoo, and helping the crocs was exactly the right thing to do. I knew with all my heart and soul that this was the path I was meant to travel. My American friends--the best, closest ones--understood this perfectly. I trusted Steve with my life and loved him desperately. One of the first challenges was how to bring as many Australian friends and family as possible over to the United States for the wedding. None of us had a lot of money. Eleven people wound up making the trip from Australia, and we held the ceremony in the big Methodist church my grandmother attended. It was more than a wedding, it was saying good-bye to everyone I’d ever known. I invited everybody, even people who may not have been intimate friends. I even invited my dentist. The whole network of wildlife rehabilitators came too--four hundred people in all. The ceremony began at eight p.m., with coffee and cake afterward. I wore the same dress that my older sister Bonnie had worn at her wedding twenty-seven years earlier, and my sister Tricia wore at her wedding six years after that. The wedding cake had white frosting, but it was decorated with real flowers instead of icing ones. Steve had picked out a simple ring for me, a quarter carat, exactly what I wanted. He didn’t have a wedding ring. We were just going to borrow one for the service, but we couldn’t find anybody with fingers that were big enough. It turned out that my dad’s wedding ring fitted him, and that’s the one we used. Steve’s mother, Lyn, gave me a silk horseshoe to put around my wrist, a symbol of good luck. On our wedding day, June 4, 1992, it had been eight months since Steve and I first met. As the minister started reading the vows, I could see that Steve was nervous. His tuxedo looked like it was strangling him. For a man who was used to working in the tropics, he sure looked hot. The church was air-conditioned, but sweat drops formed on the ends of his fingers. Poor Steve, I thought. He’d never been up in front of such a big crowd before. “The scariest situation I’ve ever been in,” Steve would say later of the ceremony. This from a man who wrangled crocodiles! When the minister invited the groom to kiss the bride, I could feel all Steve’s energy, passion, and love. I realized without a doubt we were doing the right thing.

RUSH HOUR   So many of us find the morning as a rush hour. Various family members scurry in different directions with various needs and diverse timetables. One has lost a sock; another can’t find last night’s homework. One needs a sack lunch; another needs lunch money. One leaves with a kiss, another with a shout, and another needs encouragement to open her eyes as she stumbles out the door. A “quiet time” in the morning to center ourselves and to renew our relationship with our Heavenly Father stands in sharp contrast. Carving out that time for yourself may be your supreme challenge of the day, but it is an effort worth its weight in gold, as so aptly stated by Bruce Fogarty: THE MORNING HOUR Alone with God, in quiet peace, From earthly cares, I find release; New strength I borrow for each day As there with God, I stop to pray. Alone with God, my sins confess’d, He speaks in mercy, I am blest. I know the kiss of pardon free, I talk to God, He talks to me. Alone with God, my vision clears, I see my guilt, the wasted years. I plead for grace to walk His way And live for Him, from day to day. Alone with God no sin between, His lovely face so plainly seen; My guilt all gone, my heart at rest With Christ, my Lord, my soul is blest. Lord, keep my life alone for Thee; From sin and self, Lord, set me free. And when no more this earth I trod, They’ll say, “He walked alone with God.”5   BE STILL, AND KNOW THAT I AM GOD; I WILL BE EXALTED AMONG THE NATIONS, I WILL BE EXALTED IN THE EARTH! PSALM 46:10 NKJV

consider a young Tunisian man pushing a wooden handcart loaded with fruits and vegetables down a dusty road to a market in the Tunisian town of Sidi Bouzid. When the man was three, his father died. He supports his family by borrowing money to fill his cart, hoping to earn enough selling the produce to pay off the debt and have a little left over. It’s the same grind every day. But this morning, the police approach the man and say they’re going to take his scales because he has violated some regulation. He knows it’s a lie. They’re shaking him down. But he has no money. A policewoman slaps him and insults his dead father. They take his scales and his cart. The man goes to a town office to complain. He is told the official is busy in a meeting. Humiliated, furious, powerless, the man leaves. He returns with fuel. Outside the town office he douses himself, lights a match, and burns. Only the conclusion of this story is unusual. There are countless poor street vendors in Tunisia and across the Arab world. Police corruption is rife, and humiliations like those inflicted on this man are a daily occurrence. They matter to no one aside from the police and their victims. But this particular humiliation, on December 17, 2010, caused Mohamed Bouazizi, aged twenty-six, to set himself on fire, and Bouazizi’s self-immolation sparked protests. The police responded with typical brutality. The protests spread. Hoping to assuage the public, the dictator of Tunisia, President Zine el-Abidine Ben Ali, visited Bouazizi in the hospital. Bouazizi died on January 4, 2011. The unrest grew. On January 14, Ben Ali fled to a cushy exile in Saudi Arabia, ending his twenty-three-year kleptocracy. The Arab world watched, stunned. Then protests erupted in Egypt, Libya, Syria, Jordan, Kuwait, and Bahrain. After three decades in power, the Egyptian dictator Hosni Mubarak was driven from office. Elsewhere, protests swelled into rebellions, rebellions into civil wars. This was the Arab Spring—and it started with one poor man, no different from countless others, being harassed by police, as so many have been, before and since, with no apparent ripple effects. It is one thing to look backward and sketch a narrative arc, as I did here, connecting Mohamed Bouazizi to all the events that flowed out of his lonely protest. Tom Friedman, like many elite pundits, is skilled at that sort of reconstruction, particularly in the Middle East, which he knows so well, having made his name in journalism as a New York Times correspondent in Lebanon. But could even Tom Friedman, if he had been present that fatal morning, have peered into the future and foreseen the self-immolation, the unrest, the toppling of the Tunisian dictator, and all that followed? Of course not. No one could. Maybe, given how much Friedman knew about the region, he would have mused that poverty and unemployment were high, the number of desperate young people was growing, corruption was rampant, repression was relentless, and therefore Tunisia and other Arab countries were powder kegs waiting to blow. But an observer could have drawn exactly the same conclusion the year before. And the year before that. Indeed, you could have said that about Tunisia, Egypt, and several other countries for decades. They may have been powder kegs but they never blew—until December 17, 2010, when the police pushed that one poor man too far.

After a long multi-decade fight with the city, the 200 households of Charrúa were in 1991 granted something that would offer them the most important foundation for development they could get: certificates of property ownership. The Charrúa families didn’t earn higher incomes than those in other parts of the neighborhood, and they weren’t more educated or better connected. The difference was that they had the capacity to prove home ownership with the indisputable seal of a government. And that status opened the door to a whole host of other benefits. As taxpaying property owners, they now had standing in the community, which meant they could lobby the government for services. That led to the school and the clinic. And they could use the deeds as collateral to borrow money to invest in businesses, which is why Charrúa became a commercial center, lined with stores and small restaurants. A visitor from the tony neighborhoods of the city’s northern corridor would still see a stark lack of amenities, but to the Bolivian locals, this two-block strip is proof that at least some of their kind have made it. What does this have to do with the blockchain? Well, to answer that, let’s not focus on the comparatively lucky 200 households of Charrúa but on the hundreds of thousands of Bolivians and other slum-dwellers of Buenos Aires and shantytowns all around the developing world who don’t have a title to their home. Their communities will acknowledge them as the owners but there’s nothing official saying so, nothing that’s accepted by the government or a bank, that is. Public registry systems in low-income countries are prone to corruption and incompetence—so a poor resident of a slum in a village in Uttar Pradesh or Manila might try to get a loan with their home as collateral, but no bank would accept it.

from around the precious plants. The fresh air was exhilarating and John’s aunt chatted merrily about times gone by and what Italy had been like when she and John’s mother were children. ‘But that was before the war,’ she sighed. ‘It is far behind us.’ As Mary Anne pulled Mathilda’s blanket a little higher around the cherry-pink face, a thought occurred to her. ‘I think I have something that used to belong to your sister – perhaps to you too.’ ‘Oh?’ Maria eyed her quizzically. ‘Yes,’ said Mary Anne, and went on to tell her about the time John had come to borrow money against a silver crucifix that she’d guessed had belonged to his mother. ‘He’d wanted the money for Daw’s engagement and wedding ring. I gave him the money but never sold the cross on. I couldn’t do it somehow. I kept thinking that one day he might want it back.’ ‘You have this?’ said Maria, her eyes shining. ‘You remember it?’ Maria clapped her hands together. ‘Of course I do!’ ‘Michael found it in the ruins of the pawn shop. I still have it.’ She turned and looked with gratitude into Maria’s dark eyes. ‘You’ve been so kind to me. You must have it back.’ Maria’s eyes brimmed with tears. ‘It is a pleasure. I cannot thank you enough.’ They sat on a park bench. Mathilda was sitting up, observing everything with unusual interest. ‘She’s a lovely child,’ said Maria. Mary Anne murmured a reply. Her eyes were elsewhere, her attention caught by a man in a trench coat walking along the path at the side of the bowling green. She fancied he had been staring at them. 19 Lizzie and the wing commander had been travelling between airfields, ‘co-ordinating events’ as Hunter liked to call it, when he’d spotted a dog fight in the distance. Streaks of white vapour trail criss-crossed the sky as the Messerschmitt and the Spitfire locked horns above the English countryside. In their midst was a low-flying bomber, the bone of contention between the two. Hunter got out a pair of binoculars. Lizzie shaded her eyes with her hand. ‘They’re chasing the bomber.’ ‘Correction,’ Hunter said slowly. ‘The Spitfire is chasing the

Muhammad Yunus—an economics professor in Bangladesh—scoured the streets of a village to locate every resident who worked with moneylenders. In total, those 42 villagers were borrowing $27. Using just his paycheck as a professor, he loaned the 42 villagers the sums they would normally borrow from the moneylenders. One woman, who wove beautiful bamboo stools, borrowed 22 cents from Yunus for her day’s materials. Freed of the outrageous interest her moneylender charged her for her 1-day loan, she was able to take home more than the 2 cents a day she had made in the past and still have enough to pay Yunus back in short order. From there, she used the surplus to improve her family’s nutrition and housing, and her children’s schooling. This story happened over and over for the villagers to whom Yunus loaned money. The repayment rate was 100%.

The party for those addicted to markets has been the “make it rain” free-money printing game run since 1971. They may call it “Quantitavive Easing”, (QE) or “monetary policy” or “Asset purchases by the Fed”, or any number of terms which cause 99% of humans to stop listening. I urge everyone to demand better from governments, professionals and public servants. To demand real “service” from those who claim to be in this role. Right now we are letting those addicted to money, play with “self” accountability, which is creating addicts and poverty at a faster rate than our western economies can create prosperity. “Asset purchases” means the Fed printing money, to give this money to banks in exchange for some of the banks bad assets that need to be purged. How wealthy would your family be if each losing investment could simply be taken off your hands…using borrowed money that the taxpayer must then repay? How poor would your neighbors be if they did not have this money pipeline working for them? The newly printed money for asset purchases, is backed by US Treasury IOU’s, or similar notes and borrowings, for which the public must now repay through income taxes…forever. Banks thus get billions in freshly created cash, while the US public gets the bad assets, or gets stuck with the bill to pay back the money created to purchase the bad assets. I could probably refine that description a bit, but for now I am going to let it lay here. Any corrections are welcomed with gratitude. Dousing the flames of the 2008 mortgage bubble disaster, using government money issued in this manner, was said to be needed to prevent complete financial system meltdown. A better choice would have been to let those with a gambling addiction, suffer the consequences of their addiction, like we demand of every addict in Downtown LA. But the Fed is the perfect tool for dumping bank gambling losses and bad assets upon the taxpayer, and to make taxpayers pay to give the banks a clean-money start each time. The only thing left to do for the recipients of some of those newly printed billions, is to “launder it”, to get

What does it actually mean to be free? Are you truly free if you are unable to go to a doctor when you are sick, or face financial bankruptcy when you leave the hospital? Are you truly free if you cannot afford the prescription drugs you need to stay alive? Are you truly free when you spend half of your limited income on housing, and are forced to borrow money from a payday lender at 200 percent interest rates? Are you truly free if you are seventy years old and have to continue working because you lack a pension or enough money to retire? Are you truly free if you are unable to attend college or a trade school because your family lacks the income? Are you truly free if you are forced to work sixty or eighty hours a week because you can’t find a job that pays a living wage? Are you truly free if you are a mother or father with a newborn baby but you are forced to go back to work immediately after the birth because you lack paid family leave? Are you truly free if you are a small business owner or family farmer who is driven out of the marketplace by the monopolistic practices of big business? Are you truly free if you are a veteran who put your life on the line to defend this country, and now sleep out on the streets?

The loans for new farms around Waldron were parceled out by small banks with local branches, like Chambers Bank of Danville, Arkansas, or Regions Bank in Alabama. These banks became a loan mill, churning out hundreds of loans to Laotian immigrants so they could overhaul existing farms or build new ones. The paperwork for these loans reflected the same sort of hazy math and willful blindness that characterized the wave of subprime mortgages being extended from Las Vegas to Florida. To get a loan from Chambers or Regions Bank, farmers had to submit a Farm and Home Plan that justified the amount of money they would borrow. The plan was meant to show how much money the farmers could reasonably expect to earn from their operation, balanced against the amount of income they would need to keep the farm running and support their family. If earnings from the farm were enough to support the family and cover expenses, then the loan could be approved. A review of the Farm and Home Plans submitted by a single loan officer in Arkansas named Larry Skeets reveals the sort of rigor that went into the process.7 The paperwork for Tria and Mai Xiong, for example, shows that the couple and their son planned to spend about $20,000 a year for their living expenses. That budget made their loan application look pretty feasible, leaving the family a total annual income of about $61,000 a year after expenses. Curiously, it appears that farmers Lue Her and Mai Yang also budgeted $20,000 a year in living expenses, according to loan documents, even though it was just the two of them, with no children. Strikingly, a farmer named Tou Lee also budgeted $20,000 a year in living expenses. So did Lao. All these families decided to budget their living expenses at $20,000, which was luckily just the right amount to make their farms appear profitable on paper.

„Dear Fernandamama, I need to borrow some quick cash from you, about 900 Euros to be honest. This f...g Adam guy’s fines arrived on my name. He is paying your children and drugging them, this f...g godless Israeli criminal, with his f...g junkie friends and family, influencing your children is not good for our health, Fernandamama. You know. The coffeeshop. On my name. This f...g Adam guy is the reason why Martina is gone and the f...g coffeeshop, huh? I should have killed him when I had the chances, what do you say, Fernanda? Your silence tells me odes, Fernandamama since weeks if not months. Meaning, you know better if I should have taken care of Adam on time and closed the club last summer when you came to visit „us.” I need to pay for these Zaragoza fines Adam collected for my name Fernanda. I need my money to give it away to the landlord so that Martina has a home. You know, without my coffeeshop on my name. I hope you understand. I pay you back just like the 6-800 you landed us earlier. If Martina allows me to contact you, if I wasn’t a ghost in Barcelona made believe. You know. Thanks. Cheers, Tomas

Got himself fired for pulling a sword on an acknowledged perp. Slid it right through the fabric of the perp’s shirt, gliding the flat of the blade along the base of his neck, and pinned him to a warped and bubbled expanse of vinyl siding on the wall of the house that the perp was trying to break into. Thought it was a pretty righteous bust. But they fired him anyway because the perp turned out to be the son of the vice-chancellor of the Farms of Merryvale. Oh, the weasels had an excuse: said that a thirty-six-inch samurai sword was not on their Weapons Protocol. Said that he had violated the SPAC, the Suspected Perpetrator Apprehension Code. Said that the perp had suffered psychological trauma. He was afraid of butter knives now; he had to spread his jelly with the back of a teaspoon. They said that he had exposed them to liability. The Deliverator had to borrow some money to pay for it. Had to borrow it from the Mafia, in fact. So he’s in their database now—retinal patterns, DNA, voice graph, fingerprints, footprints, palm prints, wrist prints, every fucking part of the body that had wrinkles on it—almost—those bastards rolled in ink and made a print and digitized it into their computer. But it’s their money—sure they’re careful about loaning it out. And when he applied for the Deliverator job they were happy to take him, because they knew him. When he got the loan, he had to deal personally with the assistant vice-capo of the Valley, who later recommended him for the Deliverator job. So it was like being in a family. A really scary, twisted, abusive family. CosaNostra

No one disputes that college has gotten a lot more expensive. A recent Money magazine report notes, “After adjusting for financial aid, the amount families pay for college has skyrocketed 439% since 1982. . . . Normal supply and demand can’t begin to explain cost increases of this magnitude.”1 Consumers would balk, except for two things. First – as with the housing bubble – cheap and readily available credit has let people borrow to finance education. They’re willing to do so because of (1) consumer ignorance, as students (and, often, their parents) don’t fully grasp just how harsh the impact of student-loan payments will be after graduation; and (2) a belief that, whatever the cost, a college education is a necessary ticket to future prosperity. Second, there’s a belief that college is an essential entry ticket to the middle class, regardless of whatever actual value it might provide.

Trump talks tough on China, but much of the Trump-branded products including his hideous ties are made there. President Trump has launched an incompetent trade war with China that cost American farmers and consumers billions. When he started losing, he tried to help farmers. But he screwed that up, too. Most of the money went to big corporations instead of family farms. The money for Trump’s corporate farm bailout was borrowed from— yes, you guessed it— China.

Investment firms are buying up more vacation homes, aiming to cash in on growing demand from tourists and remote workers. Most vacation rental homes are owned by small-time owners who list their properties on websites such as Airbnb Inc., but the number of financial firms investing in the sector is growing. New York-based investment firm Saluda Grade is launching a venture with short-term- rental operator AvantStay Inc. to buy about $500 million of homes, the companies said Tuesday. Saluda Grade said it is also looking to raise debt by selling mortgage bonds backed by its homes to investors, the first vacation-rental mortgage securitization, according to the company. Andes STR, a startup that buys and manages short-term rental homes on behalf of investors, also recently signed a deal with Chilean investment firm WEG Capital to buy roughly $80 million of properties in the U.S., Andes said. These investors are betting they can get higher returns if they rent out homes by the night instead of by the year. Low-interest rates have made it more attractive to borrow and Buy Traditional Rental Homes, inflating property prices and making it harder for new buyers to turn a profit. That has prompted some institutions and wealthy families to look in more obscure corners of the property market where competition is smaller, investment advisers say. Some are turning to investments in vacation homes, where demand has surged in many places during the pandemic as more people choose to work from remote locations and leisure travel heated up last year. “There’s a lot more yield available in the short-term market,” said Saluda Grade’s chief executive, Ryan Craft. It is the latest sign of how the pandemic is changing the way people work and live, and how real-estate investors are angling to find new ways to profit from these shifts. Saluda Grade is targeting homes within driving distance of major population centers, Mr. Craft said. His company will buy the homes and AvantStay will manage them for a fee. But while vacation-rental homes can offer higher returns, they also pose challenges to investors. Mortgages are usually more expensive and harder to get for short-term rentals than for owner-occupied homes, said Giri Devanur, CEO of reAlpha Tech Corp., a startup that wants to pool money from small-time investors to buy short-term-rental homes.

After the Black Death in the mid-1300s, the persecution of Jews intensified, and many Jews in Europe moved farther east. Some left because life at home had become too dangerous. Others headed east because they were forced from their homes. Increasingly, whenever a ruler decided that his debts were overwhelming or that he no longer needed the services Jews provided, he expelled them—no matter how long they and their families had lived in the country. In every instance, the ruler claimed their property and took charge of all money owed to them. Borrowers then had to pay their debts to the ruler instead of to the Jewish lenders.

I like her,” Gracie said, the questions as clear as if she’d spoken them. Mitch gave the woman he’d come to think of as a sister a level-eyed stare, keeping his mouth shut. Gracie tilted her head to the side, sending her mop of blond curls flying. “How are you going to keep her?” “She lives in Chicago. I’m not keeping her.” He was temporarily borrowing her until she decided to hightail it to her real life. She gave a smug smile. “I meant keep her for now.” Mitch scrubbed a hand over his jaw, contemplating. “I’m not sure she has any other options.” “Don’t tell me you’re banking on that?” Gracie looked up to the ceiling as if exasperated by his complete stupidity. “A woman always has options, and she’ll think of plenty if you’re stupid enough to point out that she has to choose you by default.” Of course, Gracie was right. But he’d talked her into staying once; he could do it again. The question was, how? Mitch sat forward, placing his elbows on the table, his brain starting a slow, methodical spin. He took a sip of coffee and looked at Gracie. She practically danced in her chair. He rolled his eyes. “What’s on your mind?” “The way I see it,” Gracie said, not letting grass grow under her feet with any long dramatic silences, “her car’s broken down, and Tommy’s is closed today. That buys you a couple of days.” Immediately finding fault with her logic, Mitch shook his head. “Not necessarily. She has family. She could come to her senses and call them, and be gone by noon.” Just because she’d been adamant last night about not contacting them didn’t mean her justifications would hold true in the light of day. “I don’t think so.” Gracie peered behind him, looking thoughtful. “She told me she has no money.” Mitch pressed the bridge of his nose with his thumb and forefinger. The more he thought about it, the more he saw it as the most likely outcome. He’d only been able to convince her to come back to his house last night because she’d been tired, scared, and drunk. “There’s no way she’ll take any from me. What other option is there?” “One little hitch and you’re giving up?

My family was big on the library. We were very much a reading family, but we were more a borrow-a-book-from-the-library family than a bookshelves-full-of-books family. My parents valued books, but they had grown up in the Depression, aware of the quicksilver nature of money, and they had learned the hard way that you shouldn’t buy what you could borrow. Because of that frugality, or perhaps despite it, they also believed that you should read a book for the experience of reading it. You shouldn’t read it in order to have an object that had to be housed and looked after forever, a memento of the purpose for which it was obtained. The reading of the book was a journey. There was no need for souvenirs.

Let’s first look at the source of funds for private equity. If the source of funds for friends and families come largely from their savings, and for banks largely from depositors and the interbank borrowing, the source of fund for private equity comes from investors which can be individuals or institutions. But they have to be qualified as “sophisticated or accredited investors”. By that, it means they have a significant amount of money and possess sophisticated investment knowledge to understand the risk involved in investing in private equity funds. For example, in Singapore, one of the key qualifying criteria to be deemed as “sophisticated or accredited investor” is that you must have personal networth of S$2 million.

Well, folks, you can see that those superscrapers came through the storm just fine. It’s too bad they’re mostly empty right now. I mean they’re residential towers supposedly, but they were always too expensive for ordinary people to afford. They’re like big granaries for holding money, basically. You have to imagine them all stuffed to the top with dollar bills. The richest people from all over the world own the apartments in those towers. They’re an investment, or maybe a tax write-off. Diversify into real estate, as they say. While also having a place to visit whenever you happen to want to visit New York. A vacation place they might use for only a week or two every year. Depends what they like. They usually own about a dozen of these places around the world. Spread their holdings around. So really these towers are just assets. They’re money. They’re like big tall purple gold bars. They’re everything except housing.... Now, here below us is Central Park. It’s a refugee camp now, you can see that. It’s likely to be that for weeks and months to come. Maybe a year. People will be sleeping in the park. Lots of tents already, as you see.... So you know what? I’m sick of the rich. I just am. I’m sick of them running this whole planet for themselves. They’re wrecking it! So I think we should take it back, and take care of it. And take care of each other as part of that. No more table scraps. You know that Householders’ Union that I was telling you about? I think it’s time for everyone to join that union, and for that union to go on strike. An everybody strike. I think there should be an everybody strike. Now. Today.... What I mean by a householders’strike is you just stop paying your rents and mortgages ... maybe also your student loans and insurance payments. Any private debt you’ve taken on just to make you and your family safe. The daily necessities of existence. The union is declaring all those to be odious debts, like some kind of blackmail on us, and we’re demanding they be renegotiated ... So, we stop paying and call that the Jubilee? ... That’s an old name for this kind of thing. After we start this Jubilee, until there’s a restructuring that forgives a lot of our debt, we aren’t paying anything. You might think that not paying your mortgage would get you in trouble, and it’s true that if it was just you, that might happen. But when everyone does it, that makes it a strike. Civil disobedience. A revolution. So everyone needs to join in. Won’t be that hard. Just don’t pay your bills! ... What will happen then is that the absence of those payments of ours will cause the banks to crash fast. They take our payments and use them as collateral to borrow tons more, to fund their own gambling, and they are way, way, way overextended. Overleveraged.... At that point they will be asking the government to bail them out. That’s us. We’re the government. At least in theory, but yeah. We are. So we can decide what to do then. We will have to tell our government what to do at that point. If our government tries to back the banks instead of us, then we elect a different government. We pretend that democracy is real, and that will make it real. We elect a government of the people, by the people, and for the people. That was the whole idea in the first place. As they used to tell us in school. And it’s a good idea, if we could make it real. It might never have been real, up till now. But now’s the time. Now’s the time, people!

Well, folks, you can see that those superscrapers came through the storm just fine. It’s too bad they’re mostly empty right now. I mean they’re residential towers supposedly, but they were always too expensive for ordinary people to afford. They’re like big granaries for holding money, basically. You have to imagine them all stuffed to the top with dollar bills. The richest people from all over the world own the apartments in those towers. They’re an investment, or maybe a tax write-off. Diversify into real estate, as they say. While also having a place to visit whenever you happen to want to visit New York. A vacation place they might use for only a week or two every year. Depends what they like. They usually own about a dozen of these places around the world. Spread their holdings around. So really these towers are just assets. They’re money. They’re like big tall purple gold bars. They’re everything except housing.... Now, here below us is Central Park. It’s a refugee camp now, you can see that. It’s likely to be that for weeks and months to come. Maybe a year. People will be sleeping in the park. Lots of tents already, as you see.... So you know what? I’m sick of the rich. I just am. I’m sick of them running this whole planet for themselves. They’re wrecking it! So I think we should take it back, and take care of it. And take care of each other as part of that. No more table scraps. You know that Householders’ Union that I was telling you about? I think it’s time for everyone to join that union, and for that union to go on strike. An everybody strike. I think there should be an everybody strike. Now. Today.... What I mean by a householders’strike is you just stop paying your rents and mortgages ... maybe also your student loans and insurance payments. Any private debt you’ve taken on just to make you and your family safe. The daily necessities of existence. The union is declaring all those to be odious debts, like some kind of blackmail on us, and we’re demanding they be renegotiated ... So, we stop paying and call that the Jubilee? ... That’s an old name for this kind of thing. After we start this Jubilee, until there’s a restructuring that forgives a lot of our debt, we aren’t paying anything. You might think that not paying your mortgage would get you in trouble, and it’s true that if it was just you, that might happen. But when everyone does it, that makes it a strike. Civil disobedience. A revolution. So everyone needs to join in. Won’t be that hard. Just don’t pay your bills! ... What will happen then is that the absence of those payments of ours will cause the banks to crash fast. They take our payments and use them as collateral to borrow tons more, to fund their own gambling, and they are way, way, way overextended. Overleveraged.... At that point they will be asking the government to bail them out. That’s us. We’re the government. At least in theory, but yeah. We are. So we can decide what to do then. We will have to tell our government what to do at that point. If our government tries to back the banks instead of us, then we elect a different government. We pretend that democracy is real, and that will make it real. We elect a government of the people, by the people, and for the people. That was the whole idea in the first place. As they used to tell us in school. And it’s a good idea, if we could make it real. It might never have been real, up till now. But now’s the time. Now’s the time, people!

We were very much a reading family, but we were a borrow-a-book-from-the-library family more than a bookshelves-full-of-books family. My parents valued books, but they grew up in the Depression, aware of the quicksilver nature of money, and they learned the hard way that you shouldn't buy what you could borrow. Because of that frugality, or perhaps independent of it, they also believed that you read a book for the experience of reading it.

The monasteries acted as urban enclaves in the countryside where prosperous Buddhist farmers could borrow money from the monks and invest it in family trading voyages. The monks would later be rewarded by pious donations when the merchants returned from successful expeditions funded by monastic credit,